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Brickworks (Brickworks) Effective Interest Rate on Debt % : 3.98% (As of Jan. 2024)


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What is Brickworks Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Brickworks's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $35.7 Mil. Brickworks's average total debt for the quarter that ended in Jan. 2024 was $897.6 Mil. Therefore, Brickworks's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 3.98%.

Brickworks Effective Interest Rate on Debt % Historical Data

The historical data trend for Brickworks's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Brickworks Effective Interest Rate on Debt % Chart

Brickworks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.15 4.16 2.32 2.17 3.07

Brickworks Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 2.38 2.84 3.25 3.98

Competitive Comparison of Brickworks's Effective Interest Rate on Debt %

For the Building Materials subindustry, Brickworks's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brickworks's Effective Interest Rate on Debt % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Brickworks's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Brickworks's Effective Interest Rate on Debt % falls into.


Brickworks Effective Interest Rate on Debt % Calculation

Brickworks's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jul. 2022 )+Total Debt  (A: Jul. 2023 ))/ count )
=-1  *  -25.63/( (780.28+890.124)/ 2 )
=-1  *  -25.63/835.202
=3.07 %

where

Total Debt  (A: Jul. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=742.714 + 37.566
=780.28

Total Debt  (A: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=858.539 + 31.585
=890.124

Brickworks's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jul. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -35.688/( (890.124+905.116)/ 2 )
=-1  *  -35.688/897.62
=3.98 %

where

Total Debt  (Q: Jul. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=858.539 + 31.585
=890.124

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=870.808 + 34.308
=905.116

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Brickworks  (OTCPK:BRKWF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Brickworks Effective Interest Rate on Debt % Related Terms

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Brickworks (Brickworks) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Brickworks Ltd (OTCPK:BRKWF) » Definitions » Effective Interest Rate on Debt %
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ASX:ABC ASX:BLD ASX:WGN ASX:BMH CRH XSWX:HOLN MLM VMC NSE:ULTRACEMCO XTER:HEI NSE:GRASIM ASX:JHX XKRX:003670 SHSE:600585 BOM:500425 CEMEXCPO BOM:500387 EXP SZSE:000877 NSA:DCP
Traded in Other Exchanges
BKW:Australia
Address
738 - 780 Wallgrove Road, Horsley Park, Sydney, NSW, AUS, 2175
Website
https://www.brickworks.com.au
Brickworks is a conglomerate consisting of brickmaking operations, industrial property management, and a cross-shareholding in investment firm, Washington H. Soul Pattinson, or Soul Patts (ASX: SOL). Brickworks' operating business manufactures brick products for the Australian and North American markets. However, most earnings are from the property and investment segments. The property segment principally redevelops warehouses on industrial land, with joint venture partner narrow-moat Goodman Group. The investment segment represents a cross-shareholding in Soul Patts, an investment firm with a portfolio encompassing diversified investments, including large holdings in no-moat New Hope coal miner and narrow-moat TPG Telecom.